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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Euro/Ugandan Shilling (FOREX:EURUGX)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURUGX
Open High Low EURUGX Price Change
4210.3 4210.3 4210.3 4210.3 0.0
Entry Signal

MarketClub’s Trade Triangles for EURUGX

long term up The long term trend has been UP since May 13th, 2019 at 4237.3

intermediate term up The intermediate term trend has been UP since May 13th, 2019 at 4231.1

short term down The short term trend has been DOWN since May 16th, 2019 at 4229.2

Smart Scan Analysis for EURUGX

Based on a pre-defined weighted trend formula for chart analysis, EURUGX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for EURUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4210.3 4210.3 4210.3 4210.3 0.0
Prev. Close Volume Bid Ask Time
4210.3 4165.3 4255.3 2019-05-25 09:13:17
Want to analyze Euro/Ugandan Shilling EURUGX or another symbol? Try our Free Forex Trend Analysis Report.